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Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What are economic resourses?
Economic resources are resources that help the place.
What categories do economists use to classify economic resources?
Economic resources are classified into two categories. These are natural resources (land), and human-made resources which (capital, enterprise and labor.)
What are economic resources including natural resources and capital resources?
factors of productions
What do you understand by basic economic problem?
The basic economic problem is scarcity of resources which is caused by the existence of alternative uses of resources
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What are economic resourses?
Economic resources are resources that help the place.
similarities of economic growth and development?
economic growth
What are Economic importance of xanthophyta algae?
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How resources become renewable?
Resources become renewable by recycling.
What categories do economists use to classify economic resources?
Economic resources are classified into two categories. These are natural resources (land), and human-made resources which (capital, enterprise and labor.)
What are economic resources including natural resources and capital resources?
factors of productions
What is economic resource difficulty?
The main economic resource of difficulty is scarcity of resources.
When countries globalize they become?
When countries globalize, they become increasingly interconnected and interdependent with other countries in terms of trade, technology, and culture. This can lead to economic growth, increased access to resources and markets, and cultural exchange. However, it can also bring challenges such as economic volatility and loss of cultural identity.
What do you understand by basic economic problem?
The basic economic problem is scarcity of resources which is caused by the existence of alternative uses of resources
How do children participate in the economic cooperation take place?
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How does economic growth strain resources and what results can this have?
Economic growth often leads to increased consumption of natural resources, including water, energy, and raw materials, which can strain these resources and lead to depletion. This heightened demand can result in environmental degradation, such as deforestation, soil erosion, and loss of biodiversity. Additionally, as resources become scarcer, competition for them can intensify, potentially leading to higher prices and social conflict. Ultimately, unsustainable growth can undermine long-term economic stability and quality of life.
